Download LASER LIGHT COMMUNICATIONS Executive Summary

LASER LIGHT COMMUNICATIONS
Executive Summary
Presented
to
Pacific Telecommunications Conference
PTC ‐ 14
Honolulu, Hawaii
January 21, 2014
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
DISCLAIMER REGARDING FORWARD LOOKING STATEMENTS
PEGASUS GLOBAL HOLDINGS
This presentation has been prepared by Pegasus Global Holdings (“the Company”) AND Laser Light Communications, LLC for the exclusive use of qualified, interested parties using information from publicly available sources and internal documents. This presentation may contain estimates and/or projections as to events that may occur in the future (including projections of revenue, expense, profit and stock performance). Such estimates and projections are based upon the best judgment of the Company using the Company information and other publicly available information as of the date of the presentation. There is no guarantee that any of these estimates or projections will be achieved. Actual results will vary from the projections and such variations may be material. Nothing contained herein is, or shall be relied upon as, a promise or representation as to the past or future. The Company expressly disclaims any and all liability relating to or resulting from the use of this presentation
This presentation has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell securities or related financial instruments. The Recipient should not construe the contents of this presentation as legal, tax, accounting or investment advice. The Recipient should consult its own counsel, tax and financial advisors as to legal and related matters concerning any transaction described herein. This presentation does not purport to be all‐inclusive or to contain all of the information that the Recipient may require. No investment, divestment or other financial decisions or actions should be based solely on the information in this presentation.
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
LASER LIGHT COMMUNICATIONS ‐ BUSINESS SUMMARY
•
Laser Light Communications ‐ Intends to be the first commercial Global ALL Optical Hybrid Satellite‐Terrestrial Communications System
•
HALO [SATELLITE] Communications System – 8 – 12 Self‐healing MEO satellite •
constellation with 6 Terabit bi‐directional in‐orbit capacity
•
Star Beam™ HYBRID Optical System – Fully‐Integrated hybrid satellite & terrestrial service network – “on‐board” FSO inter‐satellite links; space‐to‐
ground links; interconnection into global fiber transport network
•
Ground [TERRESTRIAL] Access System– 48‐96 steerable ground nodes (StarBeam™) providing 200 Gbps of bi‐directional space /ground IP capacity; user interface into the global terrestrial network
•
HALO Center Evaluation & Demonstration Facility – Allows Laser Light Communications, its vendors and customers, to monitor and simulate real‐time, network performance FOUR years prior to launch
•
Intellectual Property – Exclusive IP on StarBeam™ Network Optical System –
payload, ground nodes, user interface, network management “foreground IP ownership” derived under vendor exclusive license agreements
•
Customer/Market/Product Strategy – Wholesale Partner ‐ Global carriers / fiber transport/undersea cable operators; Enterprise, Content & Media; Government; and Maritime
•
•
Regulatory: Optical System 990 THz (1.550 um); ITU Orbit Coordination; Section 214 Operating Licensure Pathway
Investment ‐+20,000 hours of project development ‐
Competitive advantage; Vendor IP; Time‐to‐Market
Execution Schedule – September 2012 – To Date:
9 Overall Business Strategy;
™ Regulatory ‐ Ongoing
9 Corporate Structure & Management;
9 FSO Industrial Base Capabilities;
9 HALO System Design;
9 System Validation – The HALO Center;
9 Vendor Pre‐Qualification/RFI; 9 Financial Model;
9 The HALO Center Funding;
™ HALO Network Solicitation;
™ Customer Requirements & Co‐Development Agreements; ™ More Management Recruitment; ™ Project financing – Equity & Debt
™ Build The Network
™ Drive The Business
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
LASER LIGHT COMMUNICATIONS ORGANIZATION
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
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LASER LIGHT’S “HALO Communications Optical Satellite System Architecture”
X‐ball
8 (shown) or 12‐ball (not shown)
After First Launch
After Second Launch
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
5
LASER LIGHT SERVICE & PRODUCT DESCRIPTION
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
6
LASER COMMUNICATIONS FROM SATELLITE ‐ CAN THIS REALLY WORK?
RECENT DEVELOPMENTS:
•
NASA (MIT) Lunar Laser Communications Project – October, 2013
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Key Operating Metrics:
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250,000KM from Earth
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Demonstrated 660Mbps Service Link
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Three (3) Global Ground Stations – Arizona, New Mexico, Tenerife
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Steerable Beam To Facilitate Weather Avoidance
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European Space Agency – ALPHASAT (TeSAT)
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AlphaSat's Laser Communications terminal (TPD1) correctly identified its target at ESA's ground station on
the island of Tenerife in the Canary Islands for the first time on 4 November, proving that it can be pointed
precisely enough to hit a point more than 36,000 km away.
•
•
It will demonstrate the use of laser technology for collecting information from the congested low orbits and
then transmitting it to ground stations from its position high above in geostationary orbit.
TDP1 is a precursor to EDRS, the European Data Relay System that will perform data-relay services in
particular for the four Sentinel Earth observation spacecraft.
• LASER LIGHT CHALLENGE: SCALING & COMMERCIALIZING THE TECHNOLOGY
•
PERTINENT PRESS:
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http://www.technologyreview.com/news/518826/nasa-moonshot-will-test-laser-communications/
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http://www.satnews.com/story.php?number=1562929912
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http://www.upi.com/Science_News/Technology/2013/12/31/Mission‐to‐test‐laser‐communications‐across‐space‐distances‐
a‐success/UPI‐63061388523082/?spt=su
•
http://www.nasa.gov/content/goddard/laser‐demonstration‐reveals‐bright‐future‐for‐space‐
communication/#.UtW50RDAa4E
•
http://www.novuslight.com/laser‐satellites‐could‐revolutionise‐internet‐technology_N2046.html
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
ADDRESSING THE ATMOSPHERIC CHALLENGE
• Free space optical communications can be impacted by clouds and optical turbulence
• Multiple geographically diverse ground sites are required to mitigate the impacts of atmospherics
• Laser Light has initiated atmospheric modeling and simulation to:
• Determine the optimal number and location of ground sites required to achieve desired performance
• Determine availability under various configurations
• High end cloud modeling going back to 1997 is being utilized with the Laser Communications Network Optimization Tool (LNOT) BASED ON CUSTOMER LOCATIONS AND REGIONAL SYNERGIES TO ESTABLISH ITS NETWORK ARCHITECTURE
• Results indicate that fully‐integrated satellite‐terrestrial optical communications are feasible.
r21
r11
Local Region 1
r1n
b12
b11
b13
b14
r2n
b21
Moving data
between
two Sites
requires backups
P1
r12
Local Region 2
b25
P2
b22
b15
b23
b24
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
r22
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ADDRESSING THE ATMOSPHERIC CHALLENGE
“ON‐Net” Availability between two pairs of sites
Pair
4site
6site
Regional
Backups
8site
10site
12site 14site
16site
Local
Backups
Availability is maximized by adding geographically diverse backup sites
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
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GLOBAL TERRESTRIAL FIBER‐CABLE SYSTEM
MAJOR BANDWIDTH HUBS IN VIEW OF LASER LIGHT™ OSS CONSTELLATION
• Undersea & Terrestrial
• Global & Regional
LASER LIGHT™ CAPABLE OF SERVING MAJORITY OF GLOBAL BANDWIDTH HUBS VIA 48‐96 Initial Laser Light GROUND ACCESS NODES
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
LASER LIGHT’S PROJECTED SATELLITE FOOTRINT
COVERAGE OF MAJORITY OF WORLD’S Terrestrial Fiber Integration Points – POP’s, Carrier Hotels, Undersea Cable Head‐In’s, Enterprise HQ’s, Media Distribution Centers
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
LASER LIGHT’S OPERATING SPECTRUM Laser Comms
191.6 – 196.5 THz
(1525‐1565 nm)
FCC Regulated
Operational TT&C
186.8 – 191.5 THz
(1565‐1605 nm)
10 KHz
100 KHz
1 MHz
10 MHz
100 MHz
1 GHz
10 GHz
100 GHz
1 THz
10 THz
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
100 THz
1 PHz
10 PHz
“THE HALO CENTER”
An Operating Facility For Demonstration and Certification of Optical Communications Systems
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
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Major Types of Data Transport Providers
Global data transport includes both wholesale and retail focused companies with profitable business models demonstrated for each
Larger
Description
EBITDA Range
~$10B‐~$125B
10%‐15%
Service Providers
ƒ Terrestrial data Service Providers
transport (ATM, frame relay, SONET, MPLS)
ƒ Provide funding for most submarine cable projects, such as SEA‐ME‐
WE‐3 [FT‐Orange]
Satellite Transport
Service Providers
ƒ Mobile satellite communications for transport and access
~$800M‐~$2B
60%‐75%
ƒ Operate fiber networks that serve enterprise customers and provide data transport
~$100M‐~$4B
30%‐40%
ƒ Incumbent and New Entrant intercontinental submarine cables expanding in EMEA, LA, SEA Regions
Est: >$2B
Est: 10‐15%
Wholesale
Bandwidth Providers
Smaller
Revenue Range
Submarine
Cable
Operators
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
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Laser Light™ Key Bandwidth User Segments
Laser Light™ will provide LARGE BLOCKS OF BANDWIDTH – NOT INDIVIDUAL CIRCUITS
ƒ Laser Light™ will develop new user cases for carriers, enterprise customers, specialized segments and government. For example: backup of WAN networks, connection between core facilities, data center mirroring, content delivery, connection to remote facilities, latency/quality improvement routes, etc.
Global Telecom Carriers (Wholesale Transport)
Example Use Cases/ Value Prop
ƒ Augment core PoP to PoP or carrier hotel connectivity
ƒ Complement key terrestrial and subsea circuits
ƒ Connect hard to reach emerging aggregation facilities to global backbone
ƒ Margin savings through lower cost routing
Global 1000 Corporations
ƒ Backup WAN inter‐office connectivity between core facilities
ƒ Connect hard to reach facilities (e.g. Oil & Gas Exploration, Mining, Oil Extraction, etc.)
ƒ Datacenter backup connectivity for cloud computing and core internet operations Specialized Enterprise Segments
ƒ Content delivery and internet content optimization
ƒ Broadcast video distribution/ backup
ƒ Low‐latency financial services networks
ƒ End‐to‐End Primary service with existing carriers serving as redundant/resilient back‐up
Government
ƒ Core terrestrial network connectivity backup for core defense and public safety facilities
ƒ Backup for core federal government WAN networking
ƒ Core network connectivity for remote military facilities and government installations or assets
CAPABLE OF SUPPORTING ALL CUSTOMER TRANSPORT REQUIREMENTS
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
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KEY CALENDER MILESTONES
2013‐2014
Validate the Technology and The Business Model
ƒ System Design & CONOPS Development
ƒ RFI/RFP of Critical Component suppliers of spacecraft, launcher, 2012
network, distribution and Concept/Form
integration partner
ƒ Conceptual design ƒ
Establishment of HALO ƒ Independent technical Center: Commercial Optical and program reviews
Laser Demo & Test Facility
ƒ LASER LIGHT™
ƒ Capital Raise – Halo & Laser Communications Light
Announcement
2014‐2017
Production &
Pre‐Subscription
ƒ Close Equity & Project Finance Facilities for Fully‐Funded Plan
ƒ Staff‐Up
ƒ Open The HALO Center
ƒ Commence Manufacturing of all space and ground hardware
ƒ Identification and negotiation of ground facilities partnerships
ƒ Solicitation of Laser Light™ potential customer requirements; products & services
2017 ‐ 2018
Launch‐OOT
ƒ Two launches (with a 3rd
as backup)
ƒ On‐Orbit Test (OOT)
ƒ Initial Operating Capability
ƒ Ground site deployment and operations
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.
2017‐203X
Operations
ƒ Full operational capability
ƒ Execute business plan
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LASER LIGHT™ Communications, LLC
A High Data Rate GLOBAL Optical Communications System Bringing The World The Power of Light™
ABOUT LASER LIGHT™: Laser Light™ Communications [www.laserlightcomms.com] intends to be the first Optical Satellite Service provider of telecommunications solutions serving the high bandwidth data and next‐
generation service needs of carriers, enterprises and government agencies around the world. Headquartered in Reston, Virginia, Laser Light™ is a solely‐held subsidiary of Pegasus Global Holdings.
ABOUT PEGASUS GLOBAL HOLDINGS:
Pegasus Global Holdings [www.pegasusglobalholdings.com] through its operating subsidiaries and special purpose vehicles, is an international technology development firm. Pegasus has demonstrated expertise in defense, security, telecommunications, and Intellectual Property capture through its ability to source globally “market‐ready” IP from public and private innovators, enablers, and incubators. Headquartered in Washington, D.C., Pegasus Global Holdings is a worldwide organization, principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
This presentation is prepared for informational purposes, and is based on preliminary assessment of provided data. This presentation does not represent an offer to buy or sell securities.